Iran Tempers Expectations on Oil’s Return to Global Stage# Stock
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http://www.wsj.com/articles/iran-tempers-expectations-on-oils-r
希望周二开盘前油价能稳住，否则...
By Benoît Faucon
Jan. 17, 2016 7:27 a.m. ET
0 COMMENTS
Iranian oil could take time to re-enter the global market after the lifting
of Western sanctions, one of the country’s top oil officials said Sunday,
signaling that persistent limitations on banking could spell delays.
Rokneddin Javadi, chief of the state-owned National Iranian Oil Co., said it
may take nine months before Iran signs its first oil-export deal following
the landmark agreement.
“Currently, we are studying problems faced by domestic banks to this end.
Once they are resolved, production and overseas sales of crude will increase
,” Mr. Javadi was quoted as saying by the oil ministry’s Shana news agency.
Iran still faces a host of U.S. sanctions even after the lifting of those
related to its nuclear program. Sanctions will continue to ban purchases of
Iranian oil and prohibit weapons sales there, bar any business with firms
linked to Iran's Revolutionary Guards Corps, the country’s elite military
force. They also stop the clearing of U.S. dollar transactions, hampering
investment in Iran throughout the West as many European banks do significant
business with the American financial system.
Iran: A Deal’s Impact
A historic nuclear deal between Iran and six world powers will have a broad
effect on Iran’s industry and global politics.
ENLARGE
Mr. Javadi said the Islamic Republic still plans to boost its output by 1
million barrels a day, but his remarks were more subdued about the country’
s potential than previous claims from Iran that it would immediately return
with hundreds of thousands of barrels of oil a day.
Iran can still boost supplies for existing contracts in Asia, where
countries didn’t put significant financial sanctions on the Islamic
Republic.
Write to Benoît Faucon at [email protected]
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希望周二开盘前油价能稳住，否则...
By Benoît Faucon
Jan. 17, 2016 7:27 a.m. ET
0 COMMENTS
Iranian oil could take time to re-enter the global market after the lifting
of Western sanctions, one of the country’s top oil officials said Sunday,
signaling that persistent limitations on banking could spell delays.
Rokneddin Javadi, chief of the state-owned National Iranian Oil Co., said it
may take nine months before Iran signs its first oil-export deal following
the landmark agreement.
“Currently, we are studying problems faced by domestic banks to this end.
Once they are resolved, production and overseas sales of crude will increase
,” Mr. Javadi was quoted as saying by the oil ministry’s Shana news agency.
Iran still faces a host of U.S. sanctions even after the lifting of those
related to its nuclear program. Sanctions will continue to ban purchases of
Iranian oil and prohibit weapons sales there, bar any business with firms
linked to Iran's Revolutionary Guards Corps, the country’s elite military
force. They also stop the clearing of U.S. dollar transactions, hampering
investment in Iran throughout the West as many European banks do significant
business with the American financial system.
Iran: A Deal’s Impact
A historic nuclear deal between Iran and six world powers will have a broad
effect on Iran’s industry and global politics.
ENLARGE
Mr. Javadi said the Islamic Republic still plans to boost its output by 1
million barrels a day, but his remarks were more subdued about the country’
s potential than previous claims from Iran that it would immediately return
with hundreds of thousands of barrels of oil a day.
Iran can still boost supplies for existing contracts in Asia, where
countries didn’t put significant financial sanctions on the Islamic
Republic.
Write to Benoît Faucon at [email protected]
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